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Indian Jewellery Maker Emerald Jewel Said Planning IPO for Up to $300 Million

Emerald Jewel Industry India Ltd., one of the country’s largest jewellery manufacturers, is weighing an IPO that could potentially pave the way for India’s biggest listings in the sector.
Jewellery from Emerald Jewel’s Subtle Kalakriti collection.
Jewellery from Emerald Jewel’s Subtle Kalakriti collection. (Emerald Jewel Industry via Instagram)
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Emerald Jewel Industry India Ltd., one of the country’s largest jewellery manufacturers, is weighing an initial public offering that could raise as much as $300 million, according to people familiar with the matter, potentially paving the way for India’s biggest listings in the sector.

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